Quote:
Originally Posted by icanadd
I am not sure what you like about FCEL. It is burning cash and will have to dilute share holders. Fuel cells as a technology is a niche market that has poor macro economics as long as natural gas is plentiful and cheep. I would love to hear you thesis on this one.
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Everything u said is correct. It’s trying times for FCEL. That said, I think it’s all been priced in the stock. For me, personally I think it’s been oversold, and under a $1 is a gd buy for a decent flip. I prob won’t hold long.
It is a niche market, but other companies in this sector have been positive of late.
In recent movements, HYGS up 15% last month, BLDP up 20% last 3 months, PLUG up 8% last week. I am hoping these small gains from others can help lift up FCEL.
FCEL has been plummeting hard, down 55% last year, 33% last 3 months, 11% last month, but break even last week. To me, it’s looking like the trend is near bottom and hoping for a reversal. Will it happen? Not sure. I hv seen a double bottom at .95, so next week will be interesting to watch.
It’s reasssuring to see BlackRock w a huge invest in them at a higher cost basis. Following smart money can’t hurt. It’s promising to see contracts FCEL has w Toyota and Exxon. 2 huge companies that cd provide huge growth.
Clean energy is the future. I wanna a piece of all of them.
As it’s been said, I am a rookie trader that has found success so far. I don’t claim to know everything. These are just my thoughts where I am willing to put my money where my mouth is. I don’t invest my money on a whim or just throw darts. I wait for the right time. I have waited months to load up on FCEL under a dollar. Now that it is here, I am not going to go against all my beliefs.
Last edited by ButterflySymmetry; 10-20-2018 at 12:07 PM.